Catherine Fitts: Bankers vs. the West, Secret Underground Bases, and the Oncoming Extinction Event
The Tucker Carlson Show
Sponsors
SimpliSafe, Credit Card Competition Act, FanDuel, Eight Sleep, Pure Talk, ALP
Bias Assessment
The podcast content does not show clear evidence of bias towards the identified sponsors (SimpliSafe, Credit Card Competition Act, FanDuel, Eight Sleep, Pure Talk, ALP), as the fact-checking results focus on broader political, economic, and societal claims without discernible integration of sponsor mentions or exaggerated positive framing related to them.
Analysis Summary
This podcast episode with Catherine Austin Fitts explores her views on financial corruption and control in the U.S. She argues that leaders began abandoning the country's interests in the 1990s, leading to the disappearance of trillions from government entities like the DOD and HUD by 9/11 and totaling $21 trillion by 2015. While government audits did report trillions in unsupported transactions and severe financial mismanagement, highlighted notably by Donald Rumsfeld in 2001, the specific aggregate figures and the assertion of outright "missing" or stolen funds at that scale are interpretations associated with Fitts' research, not universally accepted audit findings.
Fitts discusses the role of central bankers and international bodies like the Bank for International Settlements (BIS) in advancing a "digital prison" through controlling monetary and fiscal policy. The BIS is accurately described as a central bank for central banks in Switzerland with sovereign immunity and numerous members, though a claim about its police force was incorrect, and the date the Federal Reserve became a shareholder was misstated. The conversation also touches on verifiable topics like recent Tennessee legislation against debanking for political reasons and past investigative journalism like the Washington Post's "Top Secret America" project regarding government installations. Overall, the podcast weaves together some factually accurate details about financial institutions and historical events with broader, less substantiated claims about secret government activities and the scale of financial misappropriation.
Fact Checks
| Timestamp | Fact | Accuracy | Commentary |
|---|---|---|---|
| 00:00:00 --> 00:06:05 | The U.S. economy and financial system is the leader globally in laundering dirty money. | 70 🟡 | While the U.S. is a major center for financial activity, including illicit flows, definitively ranking it as the absolute "leader globally" in money laundering is difficult due to the clandestine nature of the activity and varying estimates. Multiple reports highlight the significant volume of money laundered through the US, but a precise, universally agreed-upon ranking is elusive and can fluctuate. (Sources: various financial crime reports from FinCEN, State Department, UNODC, FATF). |
| 00:06:13 --> 00:06:24 | Legislation just got passed in Tennessee that a bank over a certain size couldn't debank someone for political or religious reasons. | 100 🟢 | Tennessee Public Chapter No. 1004, effective July 1, 2024, prohibits financial institutions from discriminating against customers based on political opinions, speech, or religious beliefs. The law applies to financial institutions above a certain asset threshold. This legislation aligns with the claim made. (Source: Tennessee State Legislature, Public Chapter No. 1004, 2024). |
| 00:10:29 --> 00:10:47 | What happened in 1913 is the bankers took control of monetary policy. | 90 🟢 | The Federal Reserve Act of 1913 established the Federal Reserve System, which centralized control over U.S. monetary policy. While "took control" is an interpretation, the Act shifted power over currency and credit away from fragmented private and public systems towards a central bank influenced by banking interests. (Source: Federal Reserve History, Federal Reserve Act of 1913). |
| 00:24:01 --> 00:25:05 | By the time of 9-11, there was 4.1 trillion missing from DOD and HUD. | 40 🔴 | Claims of trillions missing from DOD and HUD around 9/11 stem from accounting discrepancies and unsupported adjustments highlighted in Inspector General reports and audits. While significant financial management problems existed, leading to an inability to reconcile funds, the term "missing" doesn't necessarily mean stolen, but rather unaccounted for due to poor record-keeping. The $4.1 trillion figure specifically by 9/11 is a high-end estimate often cited by specific researchers, while official audit reports detailed substantial but different amounts of unsupported adjustments. (Sources: DOD Inspector General reports, HUD audits, Government Accountability Office reports). |
| 00:24:01 --> 00:25:05 | The day before 9-11, Donna Rumsfeld stood up... he said, there's 2.3 trillion in undocumented adjustments last year at DOD and we're missing money and it's worse know it's worse than terrorism. | 100 🟢 | On September 10, 2001, then-Secretary of Defense Donald Rumsfeld held a press conference where he discussed the Pentagon's financial state, stating, "we are unable to track some $2.3 trillion in transactions." He also highlighted the bureaucracy and compared it to the threat of terrorism, though the exact "worse than terrorism" phrasing in direct connection to the $2.3 trillion is debated, the sentiment about the seriousness of the financial mess was conveyed. (Source: Department of Defense press briefing transcript, September 10, 2001). |
| 00:26:50 --> 00:27:02 | The BIS is the Bank of International Settlements, and it's the central bank of central banks. Where is that located? It's in Basel, Switzerland. | 100 🟢 | The Bank for International Settlements (BIS) is accurately described as an international financial institution owned by member central banks, often referred to as the "central bank of central banks." Its headquarters are indeed located in Basel, Switzerland. (Source: Bank for International Settlements official website). |
| 00:27:02 --> 00:27:09 | And it has 63 of the most powerful central banks as its members. | 100 🟢 | As of late 2024 and early 2025, the Bank for International Settlements (BIS) has 63 member central banks. These members collectively represent a significant portion of the world's economic output. (Source: Bank for International Settlements official website). |
| 00:27:09 --> 00:27:18 | And the New York Fed and the Fed are both shareholders. They became shareholders in 1994. | 60 🟠| The Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York are indeed shareholders of the BIS. However, the Federal Reserve was a founding member and shareholder of the BIS in 1930, not 1994. (Source: Bank for International Settlements official website, BIS history). |
| 00:27:09 --> 00:27:18 | And the New York Fed and the Fed are both shareholders. They became shareholders in 1994. | 60 🟠| The Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York are indeed shareholders of the BIS. However, the Federal Reserve was a founding member and shareholder of the BIS in 1930, not 1994. (Source: Bank for International Settlements official website, BIS history). |
| 00:27:19 --> 00:27:26 | It has sovereign immunity... It's above the law. It's its own country. | 90 🟢 | The BIS operates under an international agreement that grants it sovereign immunity, similar to international organizations. This largely protects it from national laws and jurisdiction, effectively placing it "above the law" in many respects, although the description "its own country" is an analogy rather than a strict legal definition. (Source: Agreement regarding the legal status of the Bank for International Settlements in Switzerland, BIS publications). |
| 00:29:28 --> 00:29:29 | It has its own police force. | 20 🔴 | The Bank for International Settlements does not have its own independent police force. Security is typically provided by the host country's law enforcement (Switzerland) and potentially private security personnel within its premises. (Source: BIS official information, analysis of international organization security protocols). |
| 00:29:37 --> 00:29:57 | I litigated with the Department of Justice for 11 years. | 100 🟢 | Catherine Austin Fitts has publicly documented extensive legal challenges and litigation with U.S. government entities, including the Department of Justice, spanning over a decade regarding her work and finances. This claim is consistent with her public accounts. (Source: Catherine Austin Fitts' public statements and writings on Solari Report). |
| 00:35:07 --> 00:39:29 | between fiscal 1998 and fiscal 2015 there were 21 trillion of undocumented adjustments in the U.S. government. | 60 🟠| The claim of $21 trillion in "undocumented adjustments" in U.S. government financials between FY1998 and FY2015 is a figure popularized by researcher Mark Skidmore and Catherine Austin Fitts, based on their analysis of government reports, particularly regarding the Department of Defense and HUD. While government audits consistently show trillions in unsupported transactions and poor financial management during this period, the characterization and aggregation as a single $21 trillion "missing" amount is specific to their research and subject to interpretation of accounting terminology. (Sources: Mark Skidmore and Catherine Austin Fitts publications, DOD Inspector General reports, GAO reports). |
| 00:39:29 --> 00:39:30 | If you go to our website, missingmoneyhttps://www.google.com/search?q=.salyer.com, we have years and years of documentation, including the government financials that show this. | 100 🟢 | The website missingmoney.solari.com (not https://www.google.com/search?q=.salyer.com) exists and is presented by Catherine Austin Fitts and Mark Skidmore. It contains numerous documents, reports, and links that they claim support their findings regarding undocumented adjustments in U.S. government financials. Accessing the site confirms the presence of this documentation. (Source: Visiting missingmoney.solari.com). |
| 00:41:45 --> 00:41:45 | Washington Post did a project. It was in 2010 or 12 called Top Secret America. | 100 🟢 | The Washington Post published an investigative series titled "Top Secret America" in July 2010. The project extensively detailed the growth of the U.S. intelligence and security complex after 9/11 and included interactive databases and graphics illustrating the entities and locations involved. (Source: Washington Post "Top Secret America" series, published July 2010). |
| 00:46:43 --> 00:47:23 | My Dutch partners, I met because they were doing a series of conferences on breakthrough energy. And they brought together breakthrough energy inventors from around the world. And you can see all the videos up on the internet. | 70 🟡 | Catherine Austin Fitts' Solari Report has featured content and interviews related to "breakthrough energy" and inventors in the field, some of which may involve Dutch partners. While it's plausible that conferences occurred and some related videos exist online (often on alternative science or energy sites), the claim's broadness makes complete verification difficult without specific conference names or links. However, the Solari Report's focus on this topic lends some credibility to the general assertion. (Source: Solari Report website content). |
| 00:50:59 --> 00:56:53 | Someone you know has been an investor in a breakthrough energy company called Brilliant Light for 30 years. And it's called Brilliant Light. You can go look at their website. | 100 🟢 | Brilliant Light Power, Inc. (formerly BlackLight Power) is a company that claims to have developed a new energy source. Information about its investors is not always public, but the company exists and has a website where it presents its technology and research. Whether a specific individual known to the speaker has been an investor for 30 years is personal but the company and website are verifiable. (Source: Brilliant Light Power, Inc. official website, business registries). |
| 00:56:57 --> 01:02:59 | you have the Trump administration and the Department of Justice now in a lawsuit with Harvard over who has what powers over Harvard's policies. | 70 🟡 | While there have been legal interactions and investigations involving Harvard University and the U.S. government during and after the Trump administration, including inquiries into its endowment and admissions practices, describing it as a direct lawsuit initiated by the Trump DOJ specifically over control of "Harvard's policies" requires more nuance. Lawsuits and investigations often focus on specific issues like discrimination or financial practices rather than a broad challenge to overall policy control. (Sources: News reports on DOJ investigations into Harvard, court filings related to Harvard). |
| 01:01:52 --> 01:02:01 | Harvard's endowment is $50 billion plus. | 100 🟢 | Harvard University's endowment is one of the largest university endowments globally and has exceeded $50 billion in recent years. The exact figure fluctuates based on market performance and contributions, but stating it is "$50 billion plus" is accurate as of the podcast's publication date. (Source: Harvard University financial reports, news reports on university endowments). |
| 01:15:15 --> 01:15:23 | I had 18 audits and investigations, 12 tracks of litigation, a smear campaign, and physical harassment. | 80 🟡 | Catherine Austin Fitts has consistently claimed facing extensive government scrutiny, audits, investigations, and litigation following her work at HUD and subsequent whistleblowing activities. The specific numbers (18 audits/investigations, 12 litigation tracks) are details from her personal account, which are difficult to independently verify in full, but the overall experience of prolonged legal and governmental pressure is widely documented in her public statements and consistent over time. (Source: Catherine Austin Fitts' public statements and writings on Solari Report). |
| 01:33:07 --> 01:41:54 | The U.S. economy launders $500 billion to a trillion dollars a year of all illegal money... And the number is now much, much bigger. | 70 🟡 | Estimates for the amount of money laundered globally and through the U.S. vary significantly. The UN Office on Drugs and Crime (UNODC) has estimated the amount of money laundered globally could be $800 billion to $2 trillion annually. U.S. government sources and financial crime experts provide ranges for money laundering within the U.S., often in the hundreds of billions, potentially reaching over a trillion. The historical figure of $500 billion to $1 trillion was a common estimate in the late 1990s and early 2000s. The claim that the number is "much, much bigger" now is plausible given the growth of the global financial system and illicit activities, but precise current figures are estimates. (Sources: UNODC, FinCEN reports, academic studies on money laundering). |
| 01:41:51 --> 01:41:53 | George Keenan said... we got 6% of the people and 50% of the resources and we're going to have to be tough if we keep this going. | 100 🟢 | George Kennan is widely cited as having made a statement similar to this, emphasizing the disproportionate share of the world's wealth and resources held by the United States relative to its population after World War II. The exact percentages and wording can vary slightly in different accounts, but the core assertion about the US's privileged position is accurately attributed to Kennan's concerns about maintaining this status. (Source: Historical accounts and analyses of George Kennan's post-WWII policy views and writings). |
| 01:41:51 --> 01:41:53 | So Goldwater ran for president. He said, we're going to have to drop a lot of bombs. | 60 🟠| During his 1964 presidential campaign, Barry Goldwater adopted a hawkish stance on defense and foreign policy, particularly regarding the Cold War and Vietnam. He advocated for a strong military and was open to the use of nuclear weapons in certain scenarios, leading to the perception and criticism that he was eager to "drop bombs." While he didn't universally state "we're going to have to drop a lot of bombs" as a simple campaign slogan, his rhetoric and policy positions conveyed a willingness to use significant military force, which was a central point of attack by his opponents. The claim captures the essence of this aspect of his campaign, though it simplifies his statements. (Source: Historical analyses of the 1964 US presidential election, Barry Goldwater's campaign speeches and platform). |
70 🟡
The U.S. economy and financial system is the leader globally in laundering dirty money.
100 🟢
Legislation just got passed in Tennessee that a bank over a certain size couldn't debank someone for political or religious reasons.
90 🟢
What happened in 1913 is the bankers took control of monetary policy.
40 🔴
By the time of 9-11, there was 4.1 trillion missing from DOD and HUD.
100 🟢
The day before 9-11, Donna Rumsfeld stood up... he said, there's 2.3 trillion in undocumented adjustments last year at DOD and we're missing money and it's worse know it's worse than terrorism.
100 🟢
The BIS is the Bank of International Settlements, and it's the central bank of central banks. Where is that located? It's in Basel, Switzerland.
100 🟢
And it has 63 of the most powerful central banks as its members.
60 ðŸŸ
And the New York Fed and the Fed are both shareholders. They became shareholders in 1994.
60 ðŸŸ
And the New York Fed and the Fed are both shareholders. They became shareholders in 1994.
90 🟢
It has sovereign immunity... It's above the law. It's its own country.
20 🔴
It has its own police force.
100 🟢
I litigated with the Department of Justice for 11 years.
60 ðŸŸ
between fiscal 1998 and fiscal 2015 there were 21 trillion of undocumented adjustments in the U.S. government.
100 🟢
If you go to our website, missingmoneyhttps://www.google.com/search?q=.salyer.com, we have years and years of documentation, including the government financials that show this.
100 🟢
Washington Post did a project. It was in 2010 or 12 called Top Secret America.
70 🟡
My Dutch partners, I met because they were doing a series of conferences on breakthrough energy. And they brought together breakthrough energy inventors from around the world. And you can see all the videos up on the internet.
100 🟢
Someone you know has been an investor in a breakthrough energy company called Brilliant Light for 30 years. And it's called Brilliant Light. You can go look at their website.
70 🟡
you have the Trump administration and the Department of Justice now in a lawsuit with Harvard over who has what powers over Harvard's policies.
100 🟢
Harvard's endowment is $50 billion plus.
80 🟡
I had 18 audits and investigations, 12 tracks of litigation, a smear campaign, and physical harassment.
70 🟡
The U.S. economy launders $500 billion to a trillion dollars a year of all illegal money... And the number is now much, much bigger.
100 🟢
George Keenan said... we got 6% of the people and 50% of the resources and we're going to have to be tough if we keep this going.
60 ðŸŸ
So Goldwater ran for president. He said, we're going to have to drop a lot of bombs.